The International Textile Manufacturers Federation (ITMF) has published the results of its 39th Global Textile Industry Survey (GTIS), conducted from 14 to 22 July 2026, among companies across the global textile value chain. Worldwide, 10% of participants rated their business situation as good, 53% as satisfactory and 37% as bad, a balance of -26pp, down from -17pp in May but still well above the 2023 lows.
All regions are now in negative territory, ranging from South Asia at -3pp to North and Central America at -58pp. Brands and retailers were the only segment with a positive balance, at +11pp, while machinery manufacturers were weakest at -40pp. Garment producers fell sharply, from +5pp in May to -25pp. Business expectations for the coming six months eased marginally, from +16pp to +14pp, with 47% of respondents anticipating no change. Africa (+50pp) and South Asia (+32pp) were the most optimistic regions, and machinery manufacturers were the most confident segment, at +36pp.
Order intake dropped to -27pp from -9pp in May, suggesting the May reading was an outlier. The average order backlog eased to 2.3 months, and global capacity utilization slipped to 71%, ranging from 75% in South-East Asia to 64% in North and Central America.
Weak demand and geopolitics remain the industry’s leading concerns, cited by 56% and 46% of respondents, respectively. At the same time, raw material prices, energy costs and tariffs have all receded – tariffs to just 10%, down from a peak of 40% in September 2025. Order cancellations fell to 2% globally, and the inventory index improved despite still being under average, with stocks accumulating downstream at brands and retailers while upstream segments stay lean.
